Details of the US jobs report, at a glance

U.S. hiring slowed for the second straight month in April, pointing to an economy that is growing at a steady but sluggish pace. Employers added 115,000 jobs last month, while the unemployment rate dipped to 8.1 percent from 8.2 percent.

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HIRING SLOWS: U.S. job growth slumped in April for a second straight month, pointing to an economy that is growing at a steady but still sluggish pace. The Labor Department said employers added 115,000 jobs, below March's upwardly revised total of 154,000.

Initial Reaction On the surface, this appeared to be a very strong jobs report from both the household survey and establishment survey perspective.The establishment survey reported a gain of 288,000 jobs while the household survey sported a gain in employment of 407,000. In addition, May was revised up from +217,000 to + 224,000, and April revised up from +282,000 to +304,000.Digging deeper into the details, strength was entirely part-time (and then some).

WASHINGTON — U.S. job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 percent, underscoring the economy’s resilience in the face of slowing global demand.
Despite the strengthening labor market picture, wage growth remained tepid, suggesting the Federal Reserve would be in no hurry to start lifting interest rates.

WASHINGTON — U.S. employers hired more workers than expected in November and the jobless rate fell to a five-year low of 7.0%, which could fan speculation the Federal Reserve could start reducing its bond purchases this month.
Nonfarm payrolls increased by 203,000 new jobs last month, the Labor Department said on Friday. The unemployment rate dropped three tenths of a percentage point to its lowest level since November 2008 as some federal workers who were counted as jobless in October returned to work after a 16-day partial shutdown of the government.

(WASHINGTON) — A report Friday on April employment could show whether weak hiring in March marked a temporary lull or the fourth year in which a slumping economy has slowed job growth. Economists predict that the job gains likely improved on March’s 88,000 — the fewest in nine months. But the hiring isn’t expected to be much better. Most analysts think employers in April added more than 100,000 jobs but far fewer than the 196,000 that were added on average from September through February.

(WASHINGTON) — A report Friday on April employment could show whether weak hiring in March marked a temporary lull or the fourth year in which a slumping economy has slowed job growth. Economists predict that the job gains likely improved on March’s 88,000 — the fewest in nine months. But the hiring isn’t expected to be much better. Most analysts think employers in April added more than 100,000 jobs but far fewer than the 196,000 that were added on average from September through February.

WASHINGTON — U.S. job growth grew modestly in January and gains in the prior two months were bigger than initially reported, supporting views the economy’s sluggish recovery was on track despite a surprise contraction in output in the final three months of 2012.
Employers added 157,000 jobs to their payrolls last month, the Labor Department said on Friday. There were 127,000 more jobs created in November and December than previously reported.
The unemployment rate, however, edged up 0.1 percentage point to 7.9%.